After what I believe was an over reaction of the market, I personally feel that stability and strength returned today.
I had a buy order in @ 30 cents all day and was within a heartbeat of getting it filled when WHAM! strong buyers came in at 30.5 cents and I had to pay 31 cents in the end.
However I feel we are set for re-rating back to 40-50 cents soon. This SP movement has happened before and it will happen again.
IMHO 35 cents buy the end of next week
Raving1
VBA Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held